Steps
Open the file you are working in.
Select Estate Accounting from the left-hand menu.
Go to Transactions.
Click Reports on the right-hand side.
Choose Informal Accounting.
Configure the report
Before generating, review the pre-generation screen and adjust as needed. You can:
Specify the accounting period
Select which schedules to include
Customize report settings as needed
Select the output format: Word or PDF
Click Generate, then download the file once it is ready.
What the report includes
The Informal Accounting report typically includes:
Summary, reserves and proposed distributions
Original assets and liabilities
Statement of receipts and disbursements
Investments
List of unrealized original inventory
List of unrealized non-original inventory
Calculation of executor compensation
Transactions excluded from executor compensation
Care and management
When to use this report
Use the Informal Accounting report when preparing a comprehensive accounting summary for review outside of a formal court filing. It is commonly used to provide transparency to beneficiaries or interested parties before or instead of submitting a court-required accounting.
Conclusion
The report is ready to download. For formal court filing reports, see Statement of accounts or contact [email protected].
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